Discontinued — last reported Q3 '20

Investing

Acquired in-process research and development

Corvex Acquired in-process research and development increased by 4.1% to $822.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 65.2%, from $2.36M to $822.00K. Over 3 years (FY 2021 to FY 2025), Acquired in-process research and development shows a downward trend with a -24.8% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ3 2020
Last reportedQ3 2020

How to read this metric

High spending indicates a strong commitment to pipeline growth, though it carries significant execution and regulatory risk.

Detailed definition

This represents the cash outflow for the acquisition of in-process research and development projects from other entities...

Peer comparison

High in the pharmaceutical industry where external innovation is a primary driver of long-term revenue.

Metric ID: acquired_ipr_d

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.36M$3.36M$3.36M$4.59M$4.11M$3.89M$4.17M$5.64M$3.19M$2.89M$2.91M$3.40M$2.00M$2.36M$1.40M$1.17M$790.00K$822.00K
QoQ Change+0.0%+0.0%+36.8%-10.4%-5.3%+7.1%+35.1%-43.4%-9.6%+0.7%+17.1%-41.3%+18.4%-40.7%-16.8%-32.2%+4.1%
YoY Change+22.5%-15.2%+1.4%-25.9%-30.3%-39.6%-37.4%-18.1%-51.8%-65.7%-60.4%-65.2%
Range$790.00K$5.64M
CAGR-28.2%
Avg YoY Growth-32.1%
Median YoY Growth-33.9%

Business Segments — Chief Operating Decision Maker

View all
SegmentQ1 '24Q1 '25
Chief Operating Decision Maker$2.70M$2.29M
Total$2.89M$2.36M

Chief Operating Decision Maker was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Segment Reporting

View all
SegmentFY'25
Segment Reporting$4.80M
Total$5.72M

All segment values are derived from annual filings.

Frequently Asked Questions

What is Corvex 's acquired in-process research and development?
Corvex (MOVE) reported acquired in-process research and development of $822.00K in Q1 2026.
How has Corvex 's acquired in-process research and development changed year-over-year?
Corvex 's acquired in-process research and development decreased by 65.2% year-over-year, from $2.36M to $822.00K.
What is the long-term trend for Corvex 's acquired in-process research and development?
Over 3 years (2021 to 2025), Corvex 's acquired in-process research and development has grown at a -24.8% compound annual growth rate (CAGR), from $13.43M to $5.72M.
What does acquired in-process research and development mean?
Cash spent to acquire research projects or drug candidates currently in development.